AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Vonovia SE

Legal Proceedings Report Mar 7, 2023

477_rns_2023-03-07_d6f386c2-1c22-4113-ad24-3c39be8e05d6.pdf

Legal Proceedings Report

Open in Viewer

Opens in native device viewer

Statement regarding prosecutor investigation March 7, 2023

Investigating authorities inspected documents at Vonovia's offices today, as there are apparently suspicions of alleged problematic procedures regarding the awarding of contracts to subcontractors to the detriment of Vonovia. Vonovia is not a defendant. The public prosecutor's office is apparently making allegations against individual employees at the operational level in Vonovia's technical business operations.

Vonovia intends to cooperate with the authorities and grant them access to the necessary documents. We are interested in a swift and comprehensive clarification of the allegations.

According to our initial information, this is a case of financial damage. Damage to people or buildings did not occur.

Talk to a Data Expert

Have a question? We'll get back to you promptly.